HRCPX vs. BERCX

Last updated Jun 4, 2026

HRCPX (Carillon ClariVest Capital Appreciation Fund) and BERCX (Chartwell Mid Cap Value Fund) are both mutual funds - HRCPX is a Large Cap Growth Equities fund managed by Carillon Family of Funds, while BERCX is a Mid Cap Value Equities fund managed by Carillon Family of Funds. Over the past 10 years, HRCPX returned 17.85%/yr vs 8.89%/yr for BERCX. A 0.73 correlation means they provide meaningful diversification when combined. HRCPX charges 1.00%/yr vs 0.90%/yr for BERCX.

Performance

HRCPX vs. BERCX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Carillon ClariVest Capital Appreciation Fund (HRCPX) and Chartwell Mid Cap Value Fund (BERCX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, HRCPX achieves a 11.31% return, which is significantly higher than BERCX's 10.02% return. Over the past 10 years, HRCPX has outperformed BERCX with an annualized return of 17.85%, while BERCX has yielded a comparatively lower 8.89% annualized return.

HRCPX

• 1D: -0.39%
• 1M: 6.57%
• YTD: 11.31%
• 6M: 11.54%
• 1Y: 33.82%
• 3Y*: 28.69%
• 5Y*: 17.06%
• 10Y*: 17.85%

BERCX

• 1D: 1.10%
• 1M: 2.80%
• YTD: 10.02%
• 6M: 11.18%
• 1Y: 22.32%
• 3Y*: 13.39%
• 5Y*: 6.96%
• 10Y*: 8.89%

*Multi-year figures are annualized to reflect compound growth (CAGR)

HRCPX vs. BERCX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
HRCPX Carillon ClariVest Capital Appreciation Fund	11.31%	23.00%	35.17%	39.55%	-29.18%	30.55%	28.89%	31.50%	-7.37%	31.43%
BERCX Chartwell Mid Cap Value Fund	10.02%	11.77%	11.35%	6.93%	-11.61%	27.30%	-3.83%	23.31%	-10.92%	16.98%

Correlation

The correlation between HRCPX and BERCX is 0.40, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.40
Correlation (3Y) Calculated over the trailing 3-year period	0.44
Correlation (5Y) Calculated over the trailing 5-year period	0.59
Correlation (10Y) Calculated over the trailing 10-year period	0.60
Correlation (All Time) Calculated using the full available price history since May 14, 2002	0.73

Over the past year, the correlation between HRCPX and BERCX has dropped to 0.40 - well below their long-term average of 0.73, suggesting their price drivers have been diverging.

Return for Risk

HRCPX vs. BERCX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

HRCPX

HRCPX Risk / Return Rank: 50
HRCPX Sharpe Ratio Rank: 58
HRCPX Sortino Ratio Rank: 50
HRCPX Omega Ratio Rank: 49
HRCPX Calmar Ratio Rank: 46
HRCPX Martin Ratio Rank: 46

BERCX

BERCX Risk / Return Rank: 29
BERCX Sharpe Ratio Rank: 27
BERCX Sortino Ratio Rank: 30
BERCX Omega Ratio Rank: 27
BERCX Calmar Ratio Rank: 32
BERCX Martin Ratio Rank: 31

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

HRCPX vs. BERCX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Carillon ClariVest Capital Appreciation Fund (HRCPX) and Chartwell Mid Cap Value Fund (BERCX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	HRCPX	BERCX	Difference
Sharpe ratio: Return per unit of total volatility	2.24	1.49	+0.74
Sortino ratio: Return per unit of downside risk	2.99	2.28	+0.71
Omega ratio: Gain probability vs. loss probability	1.38	1.27	+0.11
Calmar ratio: Return relative to maximum drawdown	2.59	2.11	+0.48
Martin ratio: Return relative to average drawdown	9.67	7.15	+2.52
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

HRCPX vs. BERCX - Sharpe Ratio Comparison

The current HRCPX Sharpe Ratio is 2.24, which is higher than the BERCX Sharpe Ratio of 1.49. The chart below compares the historical Sharpe Ratios of HRCPX and BERCX, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	HRCPX	BERCX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.24	1.49	+0.74
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.80	0.40	+0.40
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.84	0.46	+0.38
Sharpe Ratio (All Time) Calculated using the full available price history	0.60	0.40	+0.20

Drawdowns

HRCPX vs. BERCX - Drawdown Comparison

The maximum HRCPX drawdown since its inception was -56.83%, which is greater than BERCX's maximum drawdown of -52.71%. Use the drawdown chart below to compare losses from any high point for HRCPX and BERCX.

Drawdown Indicators

	HRCPX	BERCX	Difference
Max Drawdown Largest peak-to-trough decline	-56.83%	-52.71%	-4.12%
Max Drawdown (1Y) Largest decline over 1 year	-13.43%	-11.45%	-1.98%
Max Drawdown (3Y) Largest decline over 3 years	-23.28%	-19.57%	-3.71%
Max Drawdown (5Y) Largest decline over 5 years	-31.75%	-22.04%	-9.71%
Max Drawdown (10Y) Largest decline over 10 years	-31.85%	-42.41%	+10.56%
Current Drawdown Current decline from peak	-0.39%	-0.97%	+0.58%
Average Drawdown Average peak-to-trough decline	-9.16%	-7.53%	-1.63%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.59%	3.38%	+0.21%

Volatility

HRCPX vs. BERCX - Volatility Comparison

The current volatility for Carillon ClariVest Capital Appreciation Fund (HRCPX) is 3.59%, while Chartwell Mid Cap Value Fund (BERCX) has a volatility of 4.44%. This indicates that HRCPX experiences smaller price fluctuations and is considered to be less risky than BERCX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	HRCPX	BERCX	Difference
Volatility (1M) Calculated over the trailing 1-month period	3.59%	4.44%	-0.85%
Volatility (6M) Calculated over the trailing 6-month period	11.63%	11.95%	-0.32%
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	16.21%	-0.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.43%	17.33%	+4.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.20%	19.24%	+1.96%

HRCPX vs. BERCX - Expense Ratio Comparison

HRCPX has a 1.00% expense ratio, which is higher than BERCX's 0.90% expense ratio.

Dividends

HRCPX vs. BERCX - Dividend Comparison

HRCPX's dividend yield for the trailing twelve months is around 3.70%, less than BERCX's 11.56% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BERCX Chartwell Mid Cap Value Fund	11.56%	12.71%	13.39%	3.20%	1.12%	0.60%	1.12%	2.08%	8.03%	23.00%	3.32%	0.92%
HRCPX Carillon ClariVest Capital Appreciation Fund	3.70%	4.11%	12.74%	11.75%	21.31%	6.96%	15.23%	1.57%	10.41%	6.44%	6.36%	15.16%

Frequently Asked Questions

Can I hold both HRCPX and BERCX in my portfolio?

HRCPX and BERCX have a correlation of 0.40, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, HRCPX or BERCX?

BERCX has higher volatility (4.44%) compared to HRCPX (3.59%). In terms of maximum drawdown, HRCPX dropped -56.83% vs BERCX's -52.71%.

Which has better risk-adjusted returns?

HRCPX currently has the higher Sharpe Ratio (2.24 vs 1.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.